tomo logo

$650,000

Beds
3
Baths
2.0
sq ft
1,710

5863 Tyler St, Riverside, CA 92503

5863 Tyler St

Riverside, CA 92503

  • 36 days on market
Welcome to this charming 3-bedroom, 2-bathroom home located in the heart of Riverside. This beautifully updated property offers an ideal living space for a large family or an excellent opportunity for rental income, thanks to the garage conversion that adds extra living area. The home boasts a brand-new air conditioning system, complete with new ducts and a modern furnace, ensuring your comfort year-round. The upgraded insulation enhances energy efficiency, while the new water heater guarantees a reliable supply of hot water. Sitting on a spacious lot, the property provides ample outdoor space for gardening, entertaining, or simply enjoying the California sunshine. Its prime location offers the convenience of being close to the Galleria at Tyler, a premier shopping and dining destination, and provides easy access to the 91 freeway for effortless commuting. Don't miss the chance to make this versatile and conveniently located Riverside home your own. Whether you're looking for space to accommodate a growing family or seeking a property with rental potential, this home is sure to meet your needs.

Details

Property type

Single Family Residence

Est. home value

$669,228

Lot size

0.46 acres

Price per sq ft

$381

Year built

1943

Price History

06/28/2024
CRMLS

CRMLS #CV24102642

Listed
$650,000
06/10/2024
CRMLS

CRMLS #CV24102642

Pending
$650,000
05/28/2024
CRMLS

CRMLS #CV24102642

Listed
$650,000
+4%

Schools & Community

Neighborhood: 

La Sierra Acres

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights, Suburban, Sidewalks

High school district: 

Riverside Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$8,989
Asking price
$650,000
Closing costs (~8% of asking)
-$52,000
Est. remaining loan balance
-$589,011
Cash to seller
$8,989

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

July 2022

Original loan amount

$606,250

Est. remaining balance

$589,011

Interest rate

5.1%

Loan type

New Conventional, 30 year

Seller

Derek James Brandenburg and Joni Nicole Brandenburg

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/03/2024 at 7:15 AM

Listing updated: 07/01/2024 at 10:53 AM

Listed by: Sue Ann Challita, PRICE REAL ESTATE GROUP INC Phone #: (909) 291-9494

MLS: CRMLS #CV24102642

CRMLS logo

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